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Bullboard - Stock Discussion Forum Nova Mentis Life Science Corp. C.LIB

Nova Mentis Life Science Corp is a Canadian-based company focused on building and supporting a diversified portfolio of health and wellness businesses. Through its subsidiary, the company is focused on exploring the anti-inflammatory effects of psilocybin in underexplored metabolic indications such as obesity and diabetes and providing a Health Canada Standard Licensed facility focused on the... see more

CSE:LIB - Post Discussion

Nova Mentis Life Science Corp. > Options Exercised at $0.74
View:
Post by Just2017 on Jan 13, 2018 12:50pm

Options Exercised at $0.74

Lots of options were exercied in first week of Jan 2018. That is always a good sign.

https://www.canadianinsider.com/company?menu_tickersearch=LIB%20%7C%20Liberty%20Leaf%20Holdings
Comment by Bellsey on Jan 13, 2018 12:58pm
1.2million about. So assuming you'd only exercise option if you believed the sp would stay above the exercise Price (74 cents). Does it happen a lot where management exercises and it drops below exercise price ? Can't really remember usually I don't pay too much attention to this in the bigger companies. Thx
Comment by Bellsey on Jan 13, 2018 1:04pm
Also why wouldn't you wait until they are well in the money ($1.25 ish) before buying? Thx
Comment by KushMan on Jan 13, 2018 2:14pm
This post has been removed in accordance with Community Policy
Comment by Bellsey on Jan 13, 2018 6:53pm
Hey Kush - the three of them bought 1.8mil $ worth of their options. If the share price dropped under 74 cents they'd be in the red from their own personal money ? Is that correct ? That's a huge bet on your own company is it not ? Is it possible they know something ...like a potential buy out ? I assume if they got bought out they wouldn't be allowed to purchase their option shares or ...more  
Comment by KushMan on Jan 13, 2018 10:19pm
This post has been removed in accordance with Community Policy
Comment by Bellsey on Jan 13, 2018 11:04pm
My bad, totally misread the web page.  Thx 
Comment by KushMan on Jan 14, 2018 10:40am
This post has been removed in accordance with Community Policy
Comment by Legacy79 on Jan 14, 2018 11:07am
Hey Kush your thoughts on our LIB possibly being part of one or both new ETF's coming out soon? LIB's up 720% since last July ..... 3rd from top just under Namaste and LG. Horizon and SEED have to take it under serious consideration one would think! Cheers!
Comment by Bellsey on Jan 14, 2018 1:12pm
LIB will not be included in the junior ETF. They would need to hve both licenses to even be considered imo. They've already speculated and it includes bigger names like maricann, WMD. Never say never though. 
Comment by rcash1 on Jan 14, 2018 3:14pm
I like to provide some speculated advice on this . Don't be surprised when Stone Castle announces their eft that's actively managed includes LIB at some point . Steven Feldman the director that runs Canada pot stocks on twitter has had Stone castle manager on his radio show before . Go find the link . The PP LIB have done to date ,haven't been public .... They1 they did just last year ...more  
Comment by rcash1 on Jan 13, 2018 11:16pm
Or they actually optioned themselves shares to put $ in the treasury for payments of acquisitions knowing that the future the share price will be higher . So far Will Rascan has a substantial amount of shares in his personal name and a pile more under a shell corp. Insiders hold a fair # of shares some still not  exercised . I did notice the outstanding shares has been updated to 107 ...more  
Comment by Islandcr on Jan 13, 2018 2:21pm
The options were not exercised at $0.74 they were granted, code is 50. Exercised is code 51. As seen here. https://imgur.com/a/Mr9Cx
Comment by Just2017 on Jan 13, 2018 2:50pm
My apology everyone..lol got too excited.
Comment by KushMan on Jan 13, 2018 4:40pm
This post has been removed in accordance with Community Policy
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